Shari Redstone kills Skydance bid for Paramount Global
Shari Redstone pulled the plug on a deal to sell Paramount Global-parent National Amusements to Skydance Media in a months-long soap opera over the media giant's fate.
Paramount Global Shares Drop After Parent Company Ends Merger Negotiations With Skydance
Paramount Global shares slid more than 7% shortly before market close Tuesday after National Amusements, the media conglomerate's parent company, scrapped merger discussions with Skydance Media, according to multiple outlets, bringing an end to a tedious, months-long negotiation process.
Shari Redstone, Paramount End Talks With Skydance – Report
After months of negotiations, Paramount's controlling shareholder Shari Redstone has broken off merger talks with David Ellison's Skydance, according to the WSJ.
National Amusements stops discussions with Skydance on Paramount deal, sources say
National Amusements stops discussions with Skydance on Paramount deal, sources say
Paramount For Sale, Who's Buying? Edgar Bronfman Jr Latest To Eye Deal As Skydance Talks Continue
Yet another name has surfaced in the Paramount Global scrum as former entertainment executive and beverage billionaire Edgar Bronfman Jr. is eyeing control of the company in a deal scenario with multiple moving pieces even as Shari Redstone's camp remains deep in talks with Skydance.
Paramount Global could have another suitor in Edgar Bronfman as Skydance talks continue
Former Warner Music boss Edgar Bronfman Jr is working with private equity giant Bain Capital on a bid to buy Paramount Global (NASDAQ:PARA) owner National Amusements Inc. The Wall Street Journal reported today that Bronfman and Bain are mulling a possible offer of between $2 billion and $2.5 billion to buy move theatre operator National Amusements, which controls Paramount.
Yet another offer could emerge for Paramount's controlling company, WSJ reports
As media and entertainment giant Paramount Global lurches toward a possible sale, yet another offer could be in the works — this one from onetime media executive Edgar Bronfman Jr., with the backing of private equity firm Bain Capital.
Edgar Bronfman Jr. reportedly eyes joining bidding war for Shari Redstone's controlling stake in Paramount
Skydance Media's CEO David Ellison has also made an offer for Paramount owner National Amusements.
Edgar Bronfman eyes more than $2 bln bid for Paramount owner National Amusements, WSJ reports
Former media executive Edgar Bronfman, backed by private equity firm Bain Capital, has expressed interest in buying National Amusements, which controls Paramount , for between $2 billion and $2.5 billion, the Wall Street Journal reported on Monday.
Zacks Industry Outlook Disney, Paramount and Reservoir Media
Disney, Paramount and Reservoir Media have been highlighted in this Industry Outlook article.
Shari Redstone receives fewest votes in Paramount board election as Skydance drama drags on
Redstone received 32.2 million votes for her election to the board, the lowest out of the six candidates, while also getting the most votes against her election.
Paramount's Shari Redstone Juggling Skydance, Other Suitors As Deal Saga Continues
Shares of Paramount Global edged lower Thursday, day three in the red, amid lingering uncertainty around Skydance's latest offer. With bigger than anticipated sweeteners for Class B shareholders, it was approved by Par's special board committee and sent on to controlling shareholder Shari Redstone with no announcement forthcoming.
